RMS 0.92% $2.19 ramelius resources limited

Net income forecast to grow 381% next year, page-94

  1. 5,267 Posts.
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    I thought I might put some light on why I didn't sell.

    after 2008 I had rms in the bottom draw ready for the waste paper bin. I thought their cash costs were too high to ever make money.

    I started looking at them when they passed 80 cents. I originally though gold had found a new benchmark. I held on as rms fell from $2.40.

    Originally i thought it might stop at $1but looking closely I had to review my position. I originally thought rms might rally after covid but after looking closely at world events and realised that was a huge mistake.

    previously I held rms from 25 cents to $ 1.70 then back to 5 cents. I was always a long term holder.

    Last edited by david25: 25/10/22
 
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